Niveau d'étude
Bac +5
Composante
Institut d'Administration des Entreprises (IAE)
Description
This is an introductory course in corporate restructuring taxation. It complements the M1 course in general taxation and focuses primarily on complex corporate restructuring transactions (mergers, splits, partial transfers of assets).Finish ExamIf this course is chosen by drawing lots between 2 subjects among the 6 subjects of UE2, it is monitored knowledge 2 hours at the end of the semester. In this case, it counts for 50% of the average mark obtained for UE 2 Investment & financial engineering.
Heures d'enseignement
- Fiscalité des fusions et acquisitions - TDTD4h
- Fiscalité des fusions et acquisitions - CMCM10h
Programme détaillé
Session 1
Chapter 1 : General overview of the restructuring operations
1. The overall environment
a. The economic environment
b. The legislative environment
c. The main restructuring operations
d. The other types of operations
e. The tax environment
2. The legal caracteristics of these operations
a. The tpu (complete transfer of assets and liabilities)
b. The dissolution of the absorbed or split-up company
c. The securities swap
d. The increase of shareholder equities
e. Effective date
3. The main technical problems
a. The merger project
b. The assessment of companies
c. The exchange ratio determination
d. The assessment of contributions
4. The accounting side of the merger
a. The situation of the absorbed b company
b. The situation of the absorbing a company
c. Particular cases
Session 2
Chapter 2 : The tax regime of mergers
1. The common law regime
a. The absorbed company
b. The absorbing company
2. The preferential regime
a. The operations concerned
b. The absorbed company
c. The absorbing company
Session 3
Chapter 3 : Specific points
1. Valuation of contributions and securities
2. The opinion of the c.n.c.
3. The merger boni
4. The merger mali
5. Merger termination
6. The tax retroactivity
7. The deficit management
8. The tax assents
9. The tax system of partners
10. Incidence on business rate
11. V.A.T.
12. Registration fees
13. Declaratory obligations
Bibliographie
Main booksLes fusions de sociétés, Régime juridique et fiscal, de Martial Chadefaux, Groupe Revue Fiduciaire, 6e édition 2008, 679 pages
Other books Mémento fusions 1re édition Rédaction des Editions Francis Lefebvre, 06/2009 Francis Lefebvre